Urban Trust Bank is running a money market special offer rate at 2.75%APY for a limited time only. The bank requires an opening deposit of at least $1,000 and to obtain the APY.

Earnings may be reduced with fees and penalties but these can be avoided by maintaining a balance of $5,000 and by not making over 6 transactions per month. If balance falls below $5,000, the bank will charge a $20 monthly fee. Plus $5 fee per transaction after the first 6 transactions.

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Tags: money market

Tioga State Bank is promoting its high yield money market investment account at a rate of 2.75%APY. The 2.75%APY however applies only to balances over $250,000. Balances below this amount but not lower than $100,000 earn 2.15%APY. Still balances of between $25,000 to $100,000 will earn .50%APY.

The bank requires customers interested in this money market investment account to deposit a minimum of $100,000 and must maintain an average daily balance of $25,000 to avoid paying the $25 monthly service charge.

APY is accurate as of 4/14/09 and may change at any time.

Tags: money market